Property Description
Price reduced to $1,949,000. Sale includes a 39-room motel located at 428 West Main Street along with three additional parcels located directly behind the motel on French Street: 30 French Street, 34 French Street, and an additional French Street lot. These rear parcels are included in the sale and provide flexibility for additional parking, expansion, or future development, subject to approvals. The motel features a mix of single, double, and Jacuzzi suites, on-site laundry, and ample parking. Positioned along a high-visibility corridor with direct access to I-84 and Route 8, the property benefits from strong traffic counts and proximity to major retailers, restaurants, and entertainment venues, supporting consistent guest demand. The property is currently operating and presents a compelling value-add opportunity with multiple exit strategies, including repositioning, rebranding, extended-stay conversion, or boutique redevelopment. The inclusion of the French Street parcels enhances both operational efficiency and long-term redevelopment potential. Seller financing may be considered. Showings by appointment only. Proof of funds required.
Features
- Heating System:
- Zoned
- Cooling System:
- Central Air, Zoned
- Exterior Features:
- Lighting, Sidewalk
- Interior Features:
- Security System, Fire Suppression System, Employee Lounge
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Location:
- Downtown
- Lot Description:
- Level Lot, Corner Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Main
- Street Number:
- 428
- Floor Number:
- 0
- Longitude:
- W74° 57′ 18.2”
- Latitude:
- N41° 33′ 24.1”
- Street Dir Prefix:
- West
MLS Addon
- Office Name:
- Coldwell Banker Realty
- Agent Name:
- Carmelina Riccitelli
- List Agent MLSID:
- RICCITECA
- List Office MLSID:
- CBRB31
- Tax Year:
- July 2025-June 2026
- Directions:
- Main St. to W Main St.
- HOA Fee Amount:
- $0
- Parcel Number:
- 1379420
- Property Tax:
- $35,463
- Zoning:
- CBD
Commercial For Sale
428 Main, Waterbury, 06702
0 Bedrooms
39 Bathrooms
14,990 Sqft
$1,949,000
Listing ID #24084471
Basic Details
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24084471
- Price :
- $1,949,000
- Bedrooms :
- 0
- Baths Total :
- 39
- Bathrooms :
- 39
- Half Bathrooms :
- 0
- Square Footage :
- 14,990 Sqft
- Year Built :
- 1925
- Lot Area :
- 0.31 Acre
- City:
- Waterbury
- Zipcode:
- 06702
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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